Member Info for Oktane

"These are not the 0.40 Droids you are looking for"

There will be a share issuance - currently that would be about 6 billion more shares if they did the whole £20m!!!!

Top tip, for just one day, try not insulting ANYONE here...

You have to laugh at someone that rides it down 93% spouting bull shine all the way.

LOL

Trading at the all time low from four years ago, any average downers still solvent aside from our ace trader BV?

Be nice to see a quick bounce here, otherwise gonna get interesting soon.

"needing £20m loan with a £17m market value" says it all.

Almost everyone here (except the one well known average downer that insults all) understands this, and why we are trading at an all time low price.

Unfortunately relevant question: those stuck long and very long, where do you cut your losses, or do you ride it all the way with no risk management?

D'oh, any and all position trades since 2017 are at a loss today! Hard fact to spin, so instead expect playground insults from the big investor onn here.

Fact is we are trading at 0.45p and NO ONE that has invested and held at any time in last six years is showing a mark to market loss.

Becomes harder to make silk purses from the current pig's ear that is the financial performance we are experiencing. Very, very happy to be remaining out, have bought in here eight times and also got out for losses and profits. Never happier than today to be watching but not in the lobster pot.

1% for a one-month extension!

At least someone is making good profits from ANGS. Wonder what the terms of the £20m will look like.

"Is that all?" she asked the ANGS bull when he was done.

Second and third place are going short volatility, and market liquidity - lack of that is.

Averaging down has ended more trading careers than all other causes...

IF the January refincing of £6 to 7m is done with shares, that is a near 40% dilution of any holding !!!

If the market cap dips below £20m some of the large holders could be required to exit their positions due to liquidity regulaory rules they operate under - that's about .48 or so, would need to close there, do not think the market and market makers are unaware of this.

Need more average downers, if any are still interested or solvent.

In simple terms for BV to understand: "keep on buying, if it cheap now just think of the value at 0.40p"

And then goes private at approx 0.40p D'oh!

Most AIM investors have a loose or no risk management, however there are many funds that can not be invested in < £20 million market cap shares, this is a bit below 0.50 and will feel like large sell stops, hope doesn't happen to all here that are long and under water (everyone).

That is a bit of good news, at last!

Slowly, slowly, the shoe is beginning to drop as to how there is a measurable chance:

1) Share float of 3.6B today could easily be > 5B by Feb 2024

2) The company might be bought, not at 1.5 as was offereed, but 0.3 to 0.4, and taken private

AIM is a difficult place to buy and hold long-term, most of us on here have paid real money to learn this...

This can certainly change, but today front Nat Gas and ANGS share price has an R2 (correlation) of -0.23,

or in other words currenly moving in opposite directions.

Until the debt mess created converting a £1 bought Saltfleet to a producing gas field is resorted, and the risk to many billions new shares is gone, the share price is going to struggle.

Making new lows is either the buy of the decade for ANGS supporters, or a signal to use the ejection seat button.

Won't be long before it is clear which is correct.

Just think of the bargin averaging down opportuniyies that would provide!